Comoros

Union of the Comoros

Region: East Africa · ISO code: COM

Economy

Nominal GDP

USD 1.63 billion

GDP per capita

USD 1,752

2021–2025 average

Currency

Name
Comorian franc
Коморский франк
ISO code
KMF
Rate against the US dollar
USD 1 = 434.73 KMF
Rate against the rouble
10 KMF = 1.9221 RUB
Rate type
Cross rate via the Bank of Russia USD/RUB rate
Currency zone
National currency
Note
fixed peg to the euro

Exchange rate as of 1 October 2026

Economic structure

GDP structure: 2021–2025 average Source: Based on World Bank data (https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS); World Bank, WDI: NV.AGR.TOTL.ZS / NV.IND.TOTL.ZS / NV.SRV.TOTL.ZS, calculation of averages for 2021–2025 (https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS); AfDB, Comoros Economic Outlook (AEO 2026 (https://www.afdb.org/en/countries/east-africa/comoros/comoros-economic-outlook). Period: 2021–2025 average

  • Agriculture 35.4%
  • Industry 9.8%
  • Services 50.5%

Industries and programmes

Key industries
Spices and aromatic crops (vanilla, cloves, ylang-ylang), agriculture, fishing, and construction.Source: AfDB, Comoros Economic Outlook (AEO 2026 (https://www.afdb.org/en/countries/east-africa/comoros/comoros-economic-outlook)
Government programmes
  • “Comoros: An Emerging Country by 2030” Plan (PCE)Source: Plan Comores Émergent 2030 (PCE) — Government of the Comoros
Source: Plan Comores Émergent 2030 (PCE) — Government of the Comoros

International trade

Exports of goods, 2021–2025

USD billion Source: World Bank / WTO, merchandise exports (TX.VAL.MRCH.CD.WT). Period: 2021–2025

Exports of goods, USD billion 0.00 0.02 0.04 0.06 2021 2022 2023 2024 2025 2021: 0.030.03 2022: 0.05 2023: 0.03 2024: 0.03 2025: 0.050.05 Exports of goods, USD billion 0.00 0.02 0.04 0.06 2021 2022 2023 2024 2025 2021: 0.030.03 2022: 0.05 2023: 0.03 2024: 0.03 2025: 0.050.05
Exports of goods, index, 2021 = 100 0 100 200 2021 2022 2023 2024 2025 2021: 100.0100.0 2022: 166.7 2023: 100.0 2024: 100.0 2025: 166.7166.7 Exports of goods, index, 2021 = 100 0 100 200 2021 2022 2023 2024 2025 2021: 100.0100.0 2022: 166.7 2023: 100.0 2024: 100.0 2025: 166.7166.7
Table
Exports of goods, 2021–2025: amount and index (2021 = 100)
YearUSD billionindex, 2021 = 100
20210.03100.0
20220.05166.7
20230.03100.0
20240.03100.0
20250.05166.7
Imports of goods
USD 0.28 billion 2021–2025 averageSource: ITC. Period: 2021–2025 average
Exports of goods and services
USD 0.17 billion 2025Source: World Bank, national accounts. Period: 2025
Change in exports of goods, 2021–2025
+66.7%
Average annual rate of change in exports of goods, 2021–2025
+13.6%

Export specialisation

Main export products

share of exports of goods, %, 2023 Source: UN Comtrade, 2023; share of total merchandise exports, HS chapters (2 digits). Period: 2023

  • coffee, tea and spices87.6%
  • essential oils and perfumery7.8%
  • iron and steel1.1%
  • fats and oils0.6%
  • electrical machinery and equipment0.6%

Main export destinations

share of exports of goods, %, 2023 Source: UN Comtrade, 2023; share of total merchandise exports, HS chapters (2 digits). Period: 2023

  • India25.3%
  • Indonesia19.1%
  • UAE14.7%
  • France7.7%
  • Vietnam6.3%

Investment areas

Source: AfDB, Comoros Economic Outlook (AEO 2026 (https://www.afdb.org/en/countries/east-africa/comoros/comoros-economic-outlook); ANPI (https://www.investcomoros.net)
  • Processing of aromatic crops
  • Fishing
  • Tourism
  • Renewable energy
  • Port infrastructure

Agreements with Russia

  • There are no bilateral agreements on investment protection or the avoidance of double taxation; cooperation takes place in humanitarian and educational fields.

Incentives

Main regimes and incentives

Investment Code (Law No. 20-035/AU dated 28 December 2020): tax and customs incentives depending on the investment amount and jobs created.

Source: LEAP/FAOLEX (https://leap.unep.org/en/countries/km/national-legislation/loi-ndeg20-035au-du-28-decembre-2020-portant-code-des); Ministry of Justice of the Comoros (https://justice.gouv.km/texte/code-des-investissements-2020/)
Type of measure
Duty exemption
Investment agency
ANPI — National Investment Promotion Agency (Agence Nationale pour la Promotion des Investissements)